875 HEMPSTEAD Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2015 | Sold | ||
| Sold | |||
| Nov 12, 2014 | Listed by We Sell Homes | $268,950 | |
| Listed by We Sell Homes | |||
| May 17, 2006 | Sold | ||
| Sold | |||
| Feb 20, 2006 | Listed by We Sell Homes | $279,900 | |
| Listed by We Sell Homes | |||
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Fabulous View & Beautiful Pool. Kitchen remodeled w/custom cabinetry, appliances new in `03, windows new in `05, fresh paint in `05 & water softner. Crown molding accents formal living. Elegant formal dining will accomodate lrg table. Bay windows + view hi-lite breakfast area. Family rm w/wet bar + refrig. air unit. Luxury Mstr w/blt-ins, jumbo walk-n closet & jacuzzi style tub. Auto irrigation system + addtl off street parking. Shows beautifully
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017